Can I retire at age 52 with 1,440,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $1,440,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$118,914$117,855$116,821$115,813$114,828$113,440
2 years$58,868$57,772$56,709$55,679$54,680$53,283
3 years$38,856$37,755$36,695$35,674$34,691$33,329
4 years$28,851$27,754$26,704$25,701$24,742$23,425
5 years$22,850$21,759$20,724$19,741$18,808$17,540
6 years$18,851$17,768$16,748$15,787$14,883$13,665
7 years$15,995$14,922$13,917$12,979$12,103$10,936
8 years$13,855$12,791$11,803$10,888$10,041$8,925
9 years$12,191$11,136$10,166$9,274$8,456$7,390
10 years$10,860$9,816$8,863$7,994$7,205$6,189
11 years$9,772$8,739$7,803$6,958$6,196$5,229
12 years$8,866$7,843$6,925$6,103$5,370$4,450
13 years$8,100$7,088$6,187$5,388$4,683$3,809
14 years$7,444$6,443$5,559$4,783$4,105$3,276
15 years$6,876$5,886$5,019$4,265$3,614$2,830
16 years$6,380$5,400$4,550$3,819$3,194$2,452
17 years$5,942$4,973$4,141$3,431$2,832$2,131
18 years$5,554$4,596$3,780$3,092$2,518$1,857
19 years$5,206$4,259$3,460$2,794$2,245$1,621
20 years$4,894$3,958$3,176$2,531$2,005$1,418
21 years$4,612$3,687$2,921$2,297$1,794$1,242
22 years$4,356$3,441$2,692$2,088$1,608$1,090
23 years$4,123$3,218$2,486$1,902$1,444$957
24 years$3,909$3,016$2,299$1,735$1,298$841
25 years$3,713$2,830$2,129$1,584$1,168$740
26 years$3,532$2,660$1,975$1,448$1,052$652
27 years$3,364$2,503$1,834$1,326$948$575
28 years$3,209$2,359$1,705$1,215$856$507
29 years$3,065$2,225$1,586$1,114$773$447
30 years$2,931$2,101$1,478$1,022$698$395
31 years$2,806$1,986$1,378$939$631$348
32 years$2,689$1,880$1,285$863$571$308
33 years$2,579$1,780$1,200$794$517$272
34 years$2,476$1,687$1,121$730$468$240
35 years$2,379$1,600$1,048$672$424$212
36 years$2,287$1,519$981$619$384$188
37 years$2,201$1,442$918$570$348$166
38 years$2,119$1,371$860$526$315$147
39 years$2,042$1,304$805$485$286$130
40 years$1,969$1,240$755$447$259$115
41 years$1,899$1,181$708$412$235$102
42 years$1,833$1,124$664$381$214$90
43 years$1,771$1,071$623$351$194$80
44 years$1,711$1,021$585$324$176$71
45 years$1,654$974$549$300$160$63
46 years$1,600$929$516$277$145$55
47 years$1,548$886$485$256$132$49
48 years$1,499$846$455$236$120$43
49 years$1,451$808$428$218$109$38
50 years$1,406$772$402$202$99$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,440,000, adding $6,743 every year, while hoping to spend $23,147 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 45/45/10 Blend
51$1,440,000$1,440,000$1,440,000$1,440,000
52$1,593,835$1,517,515$1,495,195$1,660,759
53$1,731,778$1,567,245$1,520,656$1,757,523
54$1,883,016$1,618,636$1,546,194$1,859,475
55$2,048,879$1,671,745$1,571,787$1,969,499
56$2,230,835$1,726,631$1,597,413$2,088,347
57$2,430,499$1,783,355$1,623,045$2,216,847
58$2,649,651$1,841,980$1,648,657$2,355,908
59$2,890,250$1,902,572$1,674,222$2,506,530
60$3,154,456$1,965,198$1,699,709$2,669,813
61$3,444,646$2,029,929$1,725,086$2,846,966
62$3,763,442$2,096,838$1,750,318$3,039,320
63$4,113,730$2,165,999$1,775,370$3,248,338
64$4,498,689$2,237,492$1,800,204$3,475,629
65$4,921,823$2,311,397$1,824,778$3,722,965
66$5,386,991$2,387,797$1,849,050$3,992,296
67$5,898,445$2,466,780$1,872,974$4,285,765
68$6,460,869$2,548,435$1,896,502$4,605,734
69$7,079,426$2,632,856$1,919,583$4,954,800
70$7,759,801$2,720,140$1,942,162$5,335,825
71$8,508,260$2,810,386$1,964,184$5,751,956
72$9,331,706$2,903,699$1,985,588$6,206,660
73$10,237,745$3,000,185$2,006,310$6,703,752
74$11,234,758$3,099,957$2,026,284$7,247,435
75$12,331,977$3,203,129$2,045,439$7,842,335
76$13,539,579$3,309,822$2,063,701$8,493,546
77$14,868,772$3,420,160$2,080,991$9,206,677
78$16,331,910$3,534,271$2,097,228$9,987,908
79$17,942,604$3,652,289$2,112,324$10,844,042
80$19,715,851$3,774,352$2,126,188$11,782,572
81$21,668,177$3,900,605$2,138,724$12,811,751
82$23,817,791$4,031,194$2,149,832$13,940,669
83$26,184,759$4,166,276$2,159,404$15,179,339
84$28,791,190$4,306,010$2,167,330$16,538,790
85$31,661,449$4,450,561$2,173,493$18,031,168
86$34,822,381$4,600,103$2,177,769$19,669,856
87$38,303,569$4,754,813$2,180,030$21,469,596
88$42,137,611$4,914,878$2,180,139$23,446,626
89$46,360,429$5,080,488$2,177,955$25,618,836
90$51,011,605$5,251,844$2,173,328$28,005,933
91$56,134,756$5,429,152$2,166,103$30,629,630
92$61,777,948$5,612,627$2,156,114$33,513,846
93$67,994,146$5,802,493$2,143,191$36,684,934
94$74,841,713$5,998,979$2,127,152$40,171,927
95$82,384,965$6,202,326$2,107,809$44,006,814
96$90,694,775$6,412,784$2,084,963$48,224,838
97$99,849,241$6,630,610$2,058,409$52,864,828
98$109,934,426$6,856,072$2,027,929$57,969,567
99$121,045,169$7,089,450$1,993,295$63,586,194
100$133,285,975$7,331,033$1,954,270$69,766,647